The relationship between board of directors composition and financial performance of Malaysian public listed companies

The issuance of the amended Malaysian Code on Corporate Governance (MCCG) in 2007 clearly shows that continuous efforts have been done by the regulators and policy makers to enhance good governance practices in Malaysia. Based on the MCCG, this study investigated the extent of the corporate governa...

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Main Author:	Ranjita, Jayakumar
Format:	Thesis
Language:	eng eng
Published:	2018
Subjects:	HG Finance
Online Access:	https://etd.uum.edu.my/8132/1/812932-1.pdf https://etd.uum.edu.my/8132/2/812932-2.pdf
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id	my-uum-etd.8132
record_format	uketd_dc
institution	Universiti Utara Malaysia
collection	UUM ETD
language	eng eng
topic	HG Finance
spellingShingle	HG Finance Ranjita, Jayakumar The relationship between board of directors composition and financial performance of Malaysian public listed companies
description	The issuance of the amended Malaysian Code on Corporate Governance (MCCG) in 2007 clearly shows that continuous efforts have been done by the regulators and policy makers to enhance good governance practices in Malaysia. Based on the MCCG, this study investigated the extent of the corporate governance practices and examined the relationship between corporate governance practices and the performance among Malaysia listed companies. In addition, agency theory is used to explain the corporate governance practices and firms' behavior which is based on the agent's action, and the objective of maximizing time shareholders' wealth. This study covers five corporate governance variables which are expected to have relationship with the financial performance of the company. The five corporate governance variables are number of directors, number of independent directors, firm size, leverage and cash flow. Using a sample of top 100 listed companies in Malaysia for the financial year 2009 until 2012, the findings show firm performance is significantly related to firm size, leverage and cash flow. However, the other two variables which are number of directors and number of independent directors are not significant towards the company performance.
format	Thesis
qualification_name	Master of Philosophy (MPhil)
qualification_level	Master's degree
author	Ranjita, Jayakumar
author_facet	Ranjita, Jayakumar
author_sort	Ranjita, Jayakumar
title	The relationship between board of directors composition and financial performance of Malaysian public listed companies
title_short	The relationship between board of directors composition and financial performance of Malaysian public listed companies
title_full	The relationship between board of directors composition and financial performance of Malaysian public listed companies
title_fullStr	The relationship between board of directors composition and financial performance of Malaysian public listed companies
title_full_unstemmed	The relationship between board of directors composition and financial performance of Malaysian public listed companies
title_sort	relationship between board of directors composition and financial performance of malaysian public listed companies
granting_institution	Universiti Utara Malaysia
granting_department	Othman Yeop Abdullah Graduate School of Business
publishDate	2018
url	https://etd.uum.edu.my/8132/1/812932-1.pdf https://etd.uum.edu.my/8132/2/812932-2.pdf
_version_	1747828332984008704
spelling	my-uum-etd.81322021-08-11T06:39:41Z The relationship between board of directors composition and financial performance of Malaysian public listed companies 2018 Ranjita, Jayakumar Othman Yeop Abdullah Graduate School of Business Othman Yeop Abdullah Graduate School of Business HG Finance The issuance of the amended Malaysian Code on Corporate Governance (MCCG) in 2007 clearly shows that continuous efforts have been done by the regulators and policy makers to enhance good governance practices in Malaysia. Based on the MCCG, this study investigated the extent of the corporate governance practices and examined the relationship between corporate governance practices and the performance among Malaysia listed companies. In addition, agency theory is used to explain the corporate governance practices and firms' behavior which is based on the agent's action, and the objective of maximizing time shareholders' wealth. This study covers five corporate governance variables which are expected to have relationship with the financial performance of the company. The five corporate governance variables are number of directors, number of independent directors, firm size, leverage and cash flow. Using a sample of top 100 listed companies in Malaysia for the financial year 2009 until 2012, the findings show firm performance is significantly related to firm size, leverage and cash flow. However, the other two variables which are number of directors and number of independent directors are not significant towards the company performance. 2018 Thesis https://etd.uum.edu.my/8132/ https://etd.uum.edu.my/8132/1/812932-1.pdf text eng public https://etd.uum.edu.my/8132/2/812932-2.pdf text eng public mphil masters Universiti Utara Malaysia Abdel-Meguid, A, Ahmed, A & Duellman, S (2011). 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The relationship between board of directors composition and financial performance of Malaysian public listed companies

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